Contractor’s / Erection All Risks Insurance

Plant & Equipment Insurance

Contractor’s / Erection All Risks Insurance

This policy is designed to insure construction / erection works and coverage is offered under two sections. Section One covers Material Damage, i.e. sudden and unforeseen physical loss or damage to the Works and Section Two covers
Third Party Liability, i.e. your legal liability resulting from death or bodily injury or property damage to a third party caused by an accident at the Contract Site.

Your Construction, Our Insurance

Key Covers

  • Fire, lightning, explosion
  •  Storms & Floods
  •  Burglary & Theft
  •  Act of Negligence
  •  Short-circuit, arcing, excess voltage
  •  Any loss or damage on-site due to collapse of foreign objects
  •  During transport of items to be erected

Risk Management for the Offshore Energy Sector

Plant & Equipment Insurance

This policy is designed to cover Plant & Machineries including Cranes and other construction equipment against any unforeseen and sudden physical loss or damage. This policy is normally incepted on an annual basis and it is important that machineries are covered on new replacement value basis to avoid under insurance.

Insure Your Mobile Machinery

Benefits

  • Accidental Loss or damage
  • Accidental damage during assembly
  • Dropping or falling or breakage of sling
  •  Collapse and collision
  •  Storms & Floods
  •  Burglary & Theft
  •  Riots, Strike and Civil commotion
  •  Lack of skill
  •  Act of Negligence
  •  Short-circuit, arcing, excess voltage

Helping You Protect Others

Disclaimer :

Please note that the above cover description is for information and does not represent the full coverage. For any clarification or information request, please contact National General Insurance Company Customer Service Desk.